Veering off from the usual cryptocurrencies online casinos offer and those we mention in our traditional monthly crypto report under the Casinoplusbonus Economy news category, I decided to look at RWA cryptos.
In addition to giving away some info on RWA coming, I’ve also selected what, in my opinion, is my top pick for crypto casino gaming for cryptocurrency investors.
If you win a decent amount of crypto playing cryptocurrency casino games, it might be worthwhile to look at where you can stash your winning after you withdraw them.
As a result, this week’s commentary will look at Real World Assets (RWAs), which can be tangible and intangible and can be bought and sold in whole or by fractionalization.
Think about when you buy 1 Bitcoin as a whole (if you have, you are braver than me) and when you buy 0.01 Bitcoin. The latter value is the fractionalization of Bitcoin as you are breaking down the coin.
Fractionalizing assets enables more investors to participate at an amount that they are comfortable with, aligning with their investment strategies. The tokens disclosed in this article are not financial advice, as I am not a financial advisor. Please do your research (DYOR) before buying in any sector/industry and all aspects of the investment process.
Disclaimer: This report is research and opinions by myself, Luke Webber, a crypto player, journalist, and casino reviewer. I also invest in crypto, and wanted to give you my take on the RWA market, however, before investing, please seek professional advice.
Artrade (ATR)
Artrade (ATR) has been around for a couple of years and is built on the Solana, one of my favorite blockchains as they build innovative projects and have a robust ecosystem. ATR hit an all-time high last April of $0.09 USD but dropped due to a downturn in the overall crypto market and a dwindling interest in RWAs. In the past few weeks, there has been renewed interest in this token as there is discussion of ATR expanding into other asset classes other than their original art marketplace. As the market turns around the current price of $0.01402 USD looks very attractive.
Hifi Finance (HiFi)
Hifi Finance (HiFi) is a relatively new token but has gained a lot of attention as the RWA market picks up. This token covers all assets classes and continues to expand their marketplace and collaboration with like minded firms.
An interesting aspect of HiFi is they empower investors to leverage their crypto holdings as collateral for loans. This function provides fixed-rate lending/borrowing in the DeFi ecosystem to invest in other opportunities. The company also collateralizes vintage cars and racehorses, a very unique aspect of their growing business and is researching other exclusive assets.
HiFi is up 24% in the past month, which has seen daily volumes increase from approximately $14m USD a day to the current weekly average of $38m USD a day. The token hit a yearly high last March of $1.40 USD and is currently trading at $0.55 USD.
Carnomaly (CARR)
Carnomaly (CARR) is a sector specific RWA. As the name suggests, the company focuses on tokenizing the car sector – buying, selling and owning a car. The company provides technological solutions to inefficiencies in the car industry by bridging the gap between Web3 and legacy automotive industries.
For example, new collaborations with dealerships in the U.S., developing a dealer portal, adding motorcycles to their portfolio and launching the Carnormaly V2 App. CARR is currently developing/adding an online car bidding feature (anonymous) for the V3 App launch in Q4.
The company has bounced 41% in the past month suggesting renewed interest in the automotive industry. CARR is currently trading at $0.001947 USD and continues in a bullish trend.
Propbase (PROPS)
Propbase (PROPS) is one of my favorite RWAs. I have held this token for over 9 months and reaped the rewards from its stellar performance. The company continues to innovate and attract investors by listing on 15 exchanges (DEX/CEX).
It is only focused on the real estate market – residential, launching condos and commercial investments. PROPS provides monthly updates on technology, project yields, marketplace and blockchain (Aptos/Base), so it is very transparent with investors.
They also have an impressive roadmap for Q4 (and beyond) that will enhance their business and attract more investors. PROPS’ price has jumped 56% in the past month and is currently trading at $0.1347 on relatively low volume.
Ondo (ONDO)
Ondo (ONDO) is a bit of a big boy that I normally would not recommend as they have several large token unlocks coming. But the fully regulated company has risen steadily since inception last January and has maintained a stable price in this volatile market (and it’s on Solana).
With a market cap over $1.1b USD, this token has jumped almost 400% since January 2024, mostly because of large capital injections by institutional investors (Morgan Stanley/Blackrock). The company has diversified its ecosystem with Flux Finance (lending platform for securities), supports USDY (stablecoin yields) and OUSG (institutional investment with BUIDL).
As interest rates are expected to drop in the future, analysts believe this will increase interest in RWAs and ONDO. This token has come off since June but new retail investors are pushing up daily volumes which are approximately 15% of its market cap. The token is currently trading at $0.7924 and is up 22% in the past month.
Clearpool (CPOOL)
Clearpool (CPOOL) has been around since 2021 and has recently collaborated with Hex Trust to launch a new blockchain dedicated to RWA yields. Hex will provide their institutional client base and regulated infrastructure and CPOOL will contribute their lending expertise.
The new blockchain is called Ozean and will reshape the DeFi sector by bridging the gap between institutional investors and RWAs. The CPOOL token will power the platform that will enable the lending and borrowing mechanisms and potentially become a preferred choice in obtaining liquidity from RWAs.
In the past year, CPOOL has gained 875% and is currently trading at $0.1598 USD… but is still a long way from its all time high of $2.40 USD. It is evident that the company will continue to innovate and change the RWA sector through key partnerships in the industry.
Home3 (HTS)
Home3 (HTS) is a token launched last June and has flown under the radar until recently. Interest in the microcap company in the past month has seen its price soar by over 300% in the past month. The company is poised to be a major player in the RWA sector as phase 2 of development is close to launch.
The launch will provide more products and will announce new partnerships, which will be key to its success. One of the main features of HTS is its user-friendly app that has a blockchain based real estate hub.
Users will be able to buy/sell/rent properties with cryptocurrency assets almost instantaneously. All transactions will include AI-assisted intelligence (advice/data) so new users can navigate real estate complexities. HTS is currently trading at $0.0603 and just off an all-time high of $0.084 on October 13.
Online Casinos with Large Numbers of Crypto to Invest
If you play at a crypto casino, then you know when you were choosing which one to play at, you had not shortage of choice. Even the Casinoplusbonus Bitcoin Casino page cannot squeeze in every crypto-gambling platform we’ve reviewed on our Bitcoin gambling sites page here.
For all you crypto trading fanatics out there, we’ve picked out one of the most crypto trading-focused online casinos we’ve reviewed and rated here on the Casinoplusbonus platforms, which is BC Game.
Casino | Crypto Feature |
---|---|
BC.Game Review | Crypto Trading Section – BTC, LTC, ETH, USDT, SATS, TRX, BNB, XRP, LINK, BUSD, DOT, USDC, DOGE, plus many more cryptos. |
Reminder: Always remember that there are risks involved with both gambling online with crypto as well as cryptocurrency investments. Never jump directly into either niche until you have read up on how crypto works and how cryptocurrency gambling works.
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